Economic freedom

Fraser Institute News Release: Women face less sexism in countries with greater economic freedom

Retrieved on: 
Thursday, March 7, 2024

“International Women’s Day is an opportune time to consider the relationship between economic freedom and those social norms that prioritize men over women in schools, the workforce and politics,” said Rosemarie Fike, senior fellow at the Fraser Institute, economics instructor at Texas Christian University, and author of Economic Freedom and Gender Norms.

Key Points: 
  • “International Women’s Day is an opportune time to consider the relationship between economic freedom and those social norms that prioritize men over women in schools, the workforce and politics,” said Rosemarie Fike, senior fellow at the Fraser Institute, economics instructor at Texas Christian University, and author of Economic Freedom and Gender Norms.
  • The study uses data from the Fraser Institute’s annual Economic Freedom of the World Index.
  • Specifically, in countries with greater levels of economic freedom, people are less likely to agree with the following three statements:
    1) "When jobs are scarce, men have more right to a job than women."
  • “The evidence is clear—countries that embrace economic freedom are more likely to have gender norms that treat men and women more equally,” Fike said.

Fraser Institute News Release: Hong Kong plummets to 46th spot in latest Human Freedom ranking as China continues to violate “one country, two systems” pact

Retrieved on: 
Tuesday, December 19, 2023

Mainland China has always been less free than the territory and this year, China ranks 149th out of 165 jurisdictions.

Key Points: 
  • Mainland China has always been less free than the territory and this year, China ranks 149th out of 165 jurisdictions.
  • “Freedom has suffered a precipitous decline in Hong Kong, but its tragic descent into oppression provides important lessons about the value of freedom,” said Fred McMahon, resident fellow at the Fraser Institute and co-author of this year’s report.
  • the freedom to choose your relationship partner), freedom of movement, speech, assembly and religion—alongside economic freedom, the ability of individuals to make their own economic decisions.
  • “Human freedom increases prosperity and human well-being and has powered the growth of some of the most remarkable jurisdictions in the world, including Hong Kong,” McMahon said.

MASTERING THE NEW ECONOMY: WORLD LEADERS AND DECISION-MAKERS GATHER AT WORLD STRATEGIC FORUM IN MIAMI

Retrieved on: 
Monday, October 30, 2023

MIAMI, Oct. 30, 2023 /PRNewswire/ -- The World Strategic Forum (WSF) is set to convene more than 80 high-profile CEOs, former heads of state and industry experts on November 6th-7th at the Biltmore Hotel in Coral Gables, Miami. This year's edition is held under the theme of 'Mastering the New Economy', examining the strategies and solutions needed to thrive in an ever-evolving economic landscape, and is hosted by the International Economic Forum of the Americas (IEFA) and the Adam Smith Center for Economic Freedom at Florida International University (FIU).

Key Points: 
  • "We are honored to welcome such an esteemed group of leaders and decision makers at this year's World Strategic Forum," said Nicholas Rémillard, CEO of the IEFA.
  • This year's program will address various topics such as the most pressing economic challenges, sports and entertainment, alternative investments, sustainable development, technology, infrastructure, legacy planning and more.
  • Those attending in-person at the Biltmore Hotel will have opportunities to network with speakers, partners, and other attendees throughout the conference.
  • The IEFA Network App and event platform will provide virtual attendees the chance to watch live conversations, while offering opportunities to connect online with other participants.

Fraser Institute News Release: Hong Kong drops from #1 rank for the first time in history; Singapore takes top spot

Retrieved on: 
Tuesday, September 19, 2023

The report measures the economic freedom of individuals—their ability to make their own economic decisions—by analyzing the policies and institutions of 165 jurisdictions.

Key Points: 
  • The report measures the economic freedom of individuals—their ability to make their own economic decisions—by analyzing the policies and institutions of 165 jurisdictions.
  • The policies examined include regulation, freedom to trade internationally, size of government, legal system and property rights, and sound monetary policy.
  • According to this year’s report, Hong Kong—for the first time in the history of this report—slipped from the top position.
  • Hong Kong's prosperity will likely suffer as a result,” said Matthew Mitchell, senior fellow at the Fraser Institute.

Fraser Institute News Release: Canada trails U.S. in annual economic freedom ranking; Hong Kong falls out of the top spot in economic freedom for the first time

Retrieved on: 
Tuesday, September 19, 2023

“This should be worrying to all Canadians as lower levels of economic freedom leads to slower economic growth and less investment,” McMahon added.

Key Points: 
  • “This should be worrying to all Canadians as lower levels of economic freedom leads to slower economic growth and less investment,” McMahon added.
  • “Hong Kong’s recent turn is an example of how economic freedom is intimately connected with civil and political freedom.
  • Hong Kong's prosperity will suffer as a result,” said Matthew Mitchell, senior fellow in the Centre for Economic Freedom at the Fraser Institute.
  • The Fraser Institute produces the annual Economic Freedom of the World report in cooperation with the Economic Freedom Network, a group of independent research and educational institutes in nearly 100 countries and territories.

Fraser Institute News Release: Populist regimes erode economic freedom, research shows

Retrieved on: 
Tuesday, August 15, 2023

This is the conclusion of new research in this year’s upcoming Economic Freedom of the World report, published annually by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

Key Points: 
  • This is the conclusion of new research in this year’s upcoming Economic Freedom of the World report, published annually by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
  • And while it has long dominated politics in certain parts of the world, such as Latin America, populism has now spread to much of the globe,” said Fred McMahon, Dr. Michael A. Walker Research Chair in Economic Freedom at the Fraser Institute.
  • The new study, Populism, Majority Rule, and Economic Freedom , to be published in this year’s upcoming Economic Freedom of the World report, investigates the relationship between populism and economic freedom—the ability of individuals to make their own economic decisions.
  • “Human flourishing depends on secure property rights, a robust rule of law, and institutional rules that protect economic freedom for all,” said Matthew Mitchell, Fraser Institute Senior Fellow.

Fraser Institute News Release: More than 94% of global population experienced decline in freedom from 2019 to 2020

Retrieved on: 
Thursday, January 26, 2023

While we take no position on the necessity of COVID policies, they unquestionably limited freedom.

Key Points: 
  • While we take no position on the necessity of COVID policies, they unquestionably limited freedom.
  • From 2019 to 2020 (the latest year of available data), 94.3 per cent of the world’s population experienced a decline in freedom.
  • But again, freedom was on the decline before COVID—the government response simply accelerated the decline.
  • Between 2007 (the highpoint for human freedom) and 2019, freedom declined for 79 per cent of the world’s population.

Fraser Institute News Release: Canada falls out of top 10 freest places on Earth

Retrieved on: 
Thursday, January 26, 2023

TORONTO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- For the first time since 2012, Canada does not rank among the top 10 freest countries worldwide, finds a new study released today by Canada’s Fraser Institute and the U.S.-based Cato Institute.

Key Points: 
  • TORONTO, Jan. 26, 2023 (GLOBE NEWSWIRE) -- For the first time since 2012, Canada does not rank among the top 10 freest countries worldwide, finds a new study released today by Canada’s Fraser Institute and the U.S.-based Cato Institute.
  • The index measures personal freedom—the rule of law, safety and security, identity and relationships (i.e.
  • This year, Canada ranks as the 13th freest country in the world (based on 2020 data, the earliest available) compared to 6th in last year’s ranking (based on 2019 data).
  • The complete index, a joint project of the Fraser Institute and the Cato Institute, is available as a free PDF download at www.fraserinstitute.org .

Fraser Institute News Release: All Canadian provinces now languish in bottom half of North American economic freedom rankings

Retrieved on: 
Tuesday, November 15, 2022

Economic freedomthe ability of individuals to make their own economic decisions about what to buy, where to work and whether to start a businessremains fundamental to prosperity.

Key Points: 
  • Economic freedomthe ability of individuals to make their own economic decisions about what to buy, where to work and whether to start a businessremains fundamental to prosperity.
  • The steady decline of economic freedom in Canada now means that every province, alongside a few U.S. states and every Mexican state, resides in the lower half of North Americas economic freedom rankings, said Fred McMahon, the Dr. Michael A. Walker Research Chair in Economic Freedom at the Fraser Institute and co-author of this years Economic Freedom of North America report, which measures government spending, taxation and labour market restrictions using data from 2020 (the latest year of available comparable data).
  • With new leadership in Alberta, theres much to be done to once again make the province the most economically-free jurisdiction in North America, McMahon said.
  • Higher levels of economic freedom lead to more opportunity and more prosperity, so as economic freedom wanes the prospects also diminish for Canadians and their families, McMahon said.

C5 Capital Appoints Tom Sheehy as Operating Partner and Head of its New Public Policy Advisory Board

Retrieved on: 
Wednesday, November 9, 2022

WASHINGTON, Nov. 9, 2022 /PRNewswire/ -- C5 Capital, the specialist venture capital firm that invests in cybersecurity, space, and energy security, appointed Tom Sheehy as Operating Partner. Tom will lead C5's newly launched Public Policy Advisory Board, which will play a valuable role supporting C5 portfolio companies seeking to partner with the public sector.

Key Points: 
  • WASHINGTON, Nov. 9, 2022 /PRNewswire/ -- C5 Capital , the specialist venture capital firm that invests in cybersecurity, space, and energy security, appointed Tom Sheehy as Operating Partner.
  • Tom will lead C5's newly launched Public Policy Advisory Board, which will play a valuable role supporting C5 portfolio companies seeking to partner with the public sector.
  • The advisory board consists of other experts with public policy and government contracting experience, including former members of Congress and State Department officials.
  • Andre Pienaar, CEO and Founder of C5 Capital, said: "Tom's decades of experience in public policy in Congress is invaluable for the growth of our portfolio companies.